Goldman Sachs Maintains Buy Rating for Global E Online: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Buy rating for Global E Online (NASDAQ:GLBE) and increased its price target from $40.00 to $50.00. Global E Online's shares are currently trading up 1.09% at $45.17 per share. A move to $50.00 would represent a 10.68% increase from the current share price.
July 13, 2023 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs has maintained its Buy rating for Global E Online and raised its price target, which could potentially lead to an increase in the stock's price.
Goldman Sachs, a highly influential investment bank, has maintained its Buy rating for Global E Online and raised its price target. This suggests that they believe the stock is undervalued at its current price and has the potential to increase. As such, this news could lead to increased investor confidence and a potential increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100